Topic: Business

South Africa: Public servants must be held to account

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Hard-hitting proposals by public service and administration minister Lindiwe Sisulu to revamp the public service are to be applauded. However, some aspects of the new proposals give cause for concern.  “Service non-delivery is not only about having good people. It’s often about structures, policies and processes that are not conducive to delivery”, says Sandra Burmeister, CEO of Amrop Landelahni. “Often competent public sector employees are hamstrung because they don’t have the necessary authority to carry out their responsibilities. Current public service institutional processes make it difficult to for managers to hold employees accountable for performance. “Managers need the appropriate management... Continue Reading

Sierra Leone Participates in foremost Africa Business Fair in Germany

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With an IMF growth rate projected at around 10.3% in 2013, Sierra Leone has one of the fastest growing economies in Sub-Saharan Africa. With the potential for future growth even higher, the country is making economic history considering the destruction it witnessed during the civil war over a decade and a half ago. Government´s policies These achievements are no miracles! They come on the back of sound economic and good governance policies instituted by an Ernest Koroma led APC government which took over at a time when the country was heading in the wrong direction. While past governments largely ignored... Continue Reading

Social media: an essential tool for internal communication

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Harnessing social media for business purposes has been firmly embraced by the savviest companies, and recent research shows that lately, the country’s best employers are relying on it heavily for internal communications as well. “Data from the CRF Institute shows that amongst certified Top Employers in South Africa, there has been 171% increase from 2011 to 2012 in using social media to communicate with staff,” says Samantha Crous, CRF Institute Regional Director: Africa & Benelux, which undertakes corporate research and also certifies the country’s top employers annually. “Of course, there is always the risk that social media will hinder communication,... Continue Reading

Entrepreneurship falls to new low in South Africa

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Entrepreneurship in South Africa has fallen dramatically with economic experts worrying about the impact on the economy and job prospects for young South Africans. According to research released by the Global Entrepreneurship Monitor at the University of Cape Town’s Graduate School of Business, Total Early-Stage Entrepreneurial activity (TEA) in South Africa dropped to 7.3% from a high of 9.1%, an almost 20% drop from the previous year and the lowest in four years. “This shows us that any impact of the Soccer World Cup is gone,” says Mike Herrington, executive director of the GEM, explaining that after an initial boost... Continue Reading

Liberia emerging hydrocarbon industry given a boost

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By Peterking Quaye, In Monrovia – The major industry event for the mining and energy and emerging oil industry of Liberia has started and Shout-Africa’s visit to the venue has revealed that there has been a huge increase in exhibitors and  attendance by visitors. The event started on Tuesday 9th and ended on 11th April. The event, which was inaugurated in 2011 by President Ellen Johnson Sirleaf, brought together about 40 exhibiting companies worldwide to market Liberia’s natural resources to the world and explore the potential for investment in the country. The Liberian Mining, Energy & Petroleum Conference & Exhibition... Continue Reading